Kazakhstan Looks To Diversify Oil Export Routes Away From Russia ...Middle East

Economy by : (OILPRICE) -
Kazakhstan’s president has pleaded for assistance from U.S. companies in developing his country’s energy resources to help consolidate oil export routes circumventing Russia. Kassym-Jomart Tokayev made the appeal on July 7, two days after a court in Russia ruled to suspend operations on a pipeline that Kazakhstan uses to export the bulk of its oil. That pipeline rises in western Kazakhstan and runs to a Black Sea terminal inside Russia. Tokayev said he sees the transportation of oil across the Caspian Sea as the most promising alternative.…

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